Confusion Grows Over China “Bitcoin Exchange Ban”: 3 Largest Exchanges Have Not Received Any Official Notice

Bitcoin continues to hover near last week’s post-ICO-ban lows having given up the rebound gains on headlines proclaiming China plans to shut local Bitcoin exchanges – a problem since the country accounts for 23% of global trading. However, the China’s 3 biggest exchanges have still not received anything official with regard the ban and Russia’s finance minister has outspokenly proclaimed “there’s not point in banning” crptocurrencies.

Confusion remains the biggest factor weighing on cryptocurrencies for now…